Products August 16th, 2023 Adviser Product Partnerships Asure taps Vestwell to offer clients 401(k) benefit; NFP hires Ascend for insurance billing platform; NAIC and U.S. Bancorp partner...
Products August 15th, 2023 Maine, Colorado to Partner On State-Sponsored Auto IRA Maine will join Colorado’s state-sponsored employer retirement plan to reduce costs for savers in both states.
Compliance August 15th, 2023 Another BlackRock TDF ERISA Challenge is Dismissed An ERISA lawsuit alleging TDF underperformance by the asset manager for Cisco 401(k) participants has been dismissed.
Data & Research August 15th, 2023 Florida, Georgia, and Rhode Island Rank Lowest for Employer-Sponsored Retirement Plans Iowa, Idaho, and Montana came out on top when it comes to accessibility to workplace 401(k)s, according to analysis from...
Products August 15th, 2023 ADP, Morningstar Launch Managed Accounts for Small Business 401(k)s Payroll provider and investment manager cite goal of providing personalized retirement portfolio guidance to underserved small-employer market.
Compliance August 15th, 2023 American Airlines ESG Lawsuit May Move Ahead, According to Court Filing A judge overseeing the complaint brought by a former pilot has set a potential trial date; the airline has said...
Deals & People August 14th, 2023 Advisory M&A Cetera seals Securian deal with 91% retention; Sequoia adds wealth manager with practice area focused on clients with special needs;...
Compliance August 14th, 2023 Lawsuit Would Block Missouri’s Anti-ESG Advising Rule Requiring registered advisers to follow state-level ESG disclosure rules violates federal law, according to SIFMA’s lawsuit.
In Practice August 14th, 2023 Advisers Can Leverage Plan Sponsor Openness to Plan, Investment Changes, Research Finds Plan sponsor interest in areas such as reenrollment, in-plan retirement income, and financial wellness programs have grown, finds JP Morgan...
Deals & People August 14th, 2023 SageView CEO Long to Step Aside as Firm Pushes Further into Wealth Management Founder Long to take chairman role as John Longley, former SVB private wealth head, becomes CEO.
Products August 11th, 2023 The Standard Adds PEPs, Auto Step-Up Savings, Other Recordkeeper Services The retirement provider, which acquired Securian Financial’s $17 billion recordkeeping business last year, announced seven new features and products.
Compliance August 11th, 2023 Live Nation 401(k) Plan Escapes Class Suit, Moves to Arbitration A federal judge in California ruled for Live Nation in a motion to move the case to arbitration.
Compliance August 11th, 2023 DOL Seeks Comment on Select SECURE 2.0 Enactments From PEPs to emergency savings accounts, the DOL’s EBSA is welcoming input on changes and revisions to retirement plan administration.
Deals & People August 11th, 2023 Retirement Industry People Moves Newfront hires Sakata, Nelson to retirement services team; Bartlett joins Choreo as SVP of advisers; startup AdvisorCheck taps former RIA...
Compliance August 11th, 2023 NYC Pension Funds File to Dismiss ESG-Related Lawsuit Attorneys are seeking to dismiss allegations that retirement funds were jeopardized due to divestment from securities of fossil fuel companies....
Compliance August 10th, 2023 ERISA Complaint Against AT&T Returned for Review by Appeals Court A complaint alleging AT&T’s benefits committee failed to properly report brokerage commission paid to Fidelity has been remanded back to...
In Practice August 10th, 2023 New Fiducient Advisors CEO Sees Financial Wellness as Key Focus Area Sabrina Bailey says she is going back to ‘true roots’ of shaping investing and retirement outcomes for end clients.
The Markets August 10th, 2023 Robinhood IRA Nears $1B, Planning Further Retirement Push The stock trading platform’s IRA with 1% match nears milestone after less than one year while CEO announces 3% IRA...
The Markets August 10th, 2023 Investment Product and Service Launches Nationwide and MassMutual team up on advisory annuities; Integrity launches AI-driven tech for agents and clients; NewEdge debuts investment platform...
In Practice August 9th, 2023 Empower Workplace Assets Rise 13% Through Q2, Personal Wealth Jumps 28% CEO Ed Murphy says rollover capture also increased year-over-year in the quarter for assets with an average of about $100,000.